UIL Limited (LON:UTL) Declares Dividend of GBX 2

UIL Limited (LON:UTL) announced a dividend on Friday, December 20th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 2 ($0.03) per share on Friday, January 17th. This represents a yield of 1.82%. The ex-dividend date is Thursday, January 2nd. The official announcement can be accessed at this link.

UIL Trading Down 2.2 %

LON:UTL opened at GBX 109 ($1.37) on Friday. UIL has a 12-month low of GBX 92 ($1.16) and a 12-month high of GBX 134 ($1.68). The company’s 50-day moving average is GBX 108.61 and its two-hundred day moving average is GBX 104.19. The firm has a market cap of £91.30 million, a price-to-earnings ratio of -363.33 and a beta of 0.80.

Insider Buying and Selling at UIL

In related news, insider Stuart J. Bridges purchased 12,449 shares of the firm’s stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 107 ($1.34) per share, for a total transaction of £13,320.43 ($16,740.52). 77.99% of the stock is owned by company insiders.

About UIL

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.